Ying Kou in massive Chinese investment
The Chinese Ying Kou Port Group is to invest $439m this year on building new ports and terminals, which include dry bulk and oil handling facilities.
A total of 35% of the investment will come from internal sources with the rest raised through loans from banks.
The group mainly concentrates on the export grain market in the country’s north east, where it also imports iron ore.
In 2009, tonnage handled has increased by 6%.
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